Cities with the most expensive homes in the Richmond metro area

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.

The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of September 17, the sits at 6.95%.

Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.

compiled a list of cities with the most expensive homes in the Richmond metro area using data from . Charts show the monthly typical home value since January 2018. Data was available for 64 cities and towns.

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#30. Aylett, VA

- Typical home value: $354,935
- 1-year price change: +3.1%
- 5-year price change: +30.1%

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#29. Richmond, VA

- Typical home value: $364,726
- 1-year price change: +2.6%
- 5-year price change: +23.8%

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#28. Disputanta, VA

- Typical home value: $372,292
- 1-year price change: +5.0%
- 5-year price change: +31.4%

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#27. Chamberlayne, VA

- Typical home value: $375,010
- 1-year price change: +1.7%
- 5-year price change: +22.9%

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#26. Chester, VA

- Typical home value: $393,304
- 1-year price change: +2.3%
- 5-year price change: +24.7%

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#25. Gumspring, VA

- Typical home value: $395,922
- 1-year price change: +4.4%
- 5-year price change: +28.7%

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#24. Henrico, VA

- Typical home value: $408,108
- 1-year price change: +1.9%
- 5-year price change: +26.2%

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#23. Jamaica, VA

- Typical home value: $410,751
- 1-year price change: +4.0%
- 5-year price change: +22.6%

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#22. Chesterfield, VA

- Typical home value: $415,102
- 1-year price change: +2.4%
- 5-year price change: +27.3%

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#21. Goochland, VA

- Typical home value: $422,019
- 1-year price change: +4.2%
- 5-year price change: +25.1%

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#20. Quinton, VA

- Typical home value: $425,177
- 1-year price change: +3.9%
- 5-year price change: +26.9%

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#19. Hanover, VA

- Typical home value: $433,502
- 1-year price change: +5.0%
- 5-year price change: +24.2%

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#18. Beaverdam, VA

- Typical home value: $436,707
- 1-year price change: +4.8%
- 5-year price change: +22.1%

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#17. Doswell, VA

- Typical home value: $437,502
- 1-year price change: +5.5%
- 5-year price change: +19.9%

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#16. Mechanicsville, VA

- Typical home value: $444,037
- 1-year price change: +3.2%
- 5-year price change: +28.7%

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#15. Providence Forge, VA

- Typical home value: $445,472
- 1-year price change: +4.0%
- 5-year price change: +27.3%

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#14. New Kent, VA

- Typical home value: $449,203
- 1-year price change: +3.2%
- 5-year price change: +25.5%

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#13. Lanexa, VA

- Typical home value: $451,828
- 1-year price change: +4.4%
- 5-year price change: +28.7%

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#12. Barhamsville, VA

- Typical home value: $459,075
- 1-year price change: +5.7%
- 5-year price change: +28.8%

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#11. Ashland, VA

- Typical home value: $468,262
- 1-year price change: +4.3%
- 5-year price change: +28.1%

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#10. Midlothian, VA

- Typical home value: $470,833
- 1-year price change: +2.5%
- 5-year price change: +25.9%

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#9. Montpelier, VA

- Typical home value: $476,863
- 1-year price change: +3.9%
- 5-year price change: +22.6%

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#8. Powhatan, VA

- Typical home value: $482,661
- 1-year price change: +3.0%
- 5-year price change: +24.1%

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#7. Glen Allen, VA

- Typical home value: $516,047
- 1-year price change: +1.2%
- 5-year price change: +23.1%

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#6. Sandy Hook, VA

- Typical home value: $538,867
- 1-year price change: +4.6%
- 5-year price change: +29.2%

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#5. Maidens, VA

- Typical home value: $539,889
- 1-year price change: +2.8%
- 5-year price change: +28.3%

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#4. Crozier, VA

- Typical home value: $552,410
- 1-year price change: +1.7%
- 5-year price change: +20.1%

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#3. Rockville, VA

- Typical home value: $563,818
- 1-year price change: +5.1%
- 5-year price change: +27.7%

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#2. Moseley, VA

- Typical home value: $626,081
- 1-year price change: +2.4%
- 5-year price change: +26.7%

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#1. Oilville, VA

- Typical home value: $631,614
- 1-year price change: +4.6%
- 5-year price change: +19.6%

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